United Kingdom (UK)
Marsh appoints David Nayler as leader of UK Financial Institutions Industry Practice
Marsh has appointed David Nayler as leader of its UK Financial Institutions Industry Practice.
Ascot launches P&C MGA Vertical
Ascot Group has launched Vertical Underwriting Managers, a specialty managing general agent cell under Ethos Specialty Insurance Services.
CMC has license revoked by Claims Management Regulator
A holiday-sickness firm has had its license revoked by the Claims Management Regulator after it had encouraged holiday goers to fabricate gastric illness claims.
Blog: How to make your MGA stand out
Managing general agents need to differentiate themselves to boost their income, advises Ed Halsey, sales & marketing director at Schemeserve.
London Market insurers take fall after Harvey, no sign of ratings rise
Hurricane Harvey’s deluge of wind and rain across Houston and the Texas Gulf Coast hurt the shares of London Market property and casualty insurers on Tuesday as analysts peg insured losses as high as $20bn (£15.5bn).
Market veteran Ian Burford joins Fidelis as specialised risks chairman
Ian Burford is joining Fidelis’ London underwriting team as chairman of specialised risks.
Donegan steps down as Price Forbes CEO as Masterton steps up
Michael Donegan has stepped down as CEO of Price Forbes to become a strategic advisor of The Ardonagh Group.
Feature: The future of post-hospital care
With budgetary pressures mounting on the NHS, more patients are recovering at home and insurance could play an increasing role in covering the costs of post-hospital care.
Novae shareholders give Axis deal the green light
Novae shareholders have overwhelmingly accepted a £477.6m takeover by Axis Capital with approximately 99.97% of shareholder votes cast in favour of the proposal.
Calling all brokers, there is still time to shape the 2017 Underwriting Service Awards
Brokers, there is still time left to shape the runners and riders for this year’s Underwriting Service Awards.
NFU Mutual ranks lowest for digital services in home and motor lines
Just 4% of leading insurers are providing digital services in their claims process within home and motor lines of business.
Brightside office relocation puts 90 jobs at risk
Brightside has revealed proposals to relocate its medical reporting business IQED from its present site in Cardiff to the group’s headquarters in Aust.
Jabsheh moves to London to take on role as IGI UK executive director
International General Insurance Holdings has appointed Waleed Jabsheh as executive director of its UK board.
Personal injury claimant jailed for fraudulent claim against Hastings Direct
A personal injury claimant has been jailed for making a false claim against Hastings Direct.
Sherpa raises $2.3m during seed funding round prior to UK expansion
Insurtech start-up Sherpa has raised $2.3 million in funding from angel investors prior to its launch in the UK later this year.
Uninsured driver claims rise for first time in over a decade
The Motor Insurers' Bureau has seen an increase in the number of uninsured driver claims for the first time in over a decade.
Legal Column: Grenfell and the burning urgency for better regulations
Fire regulations are coming under scrutiny after the Grenfell disaster, says Vikki Watt, health & safety partner at BTO.
QBE's Grant Clemence on moving CSR forward
Insurers must think more ambitiously about their corporate social responsibility, says QBE Foundation's chairman Grant Clemence
Blog: Insurers should support replacement of lead pipes
Insurers should fund the replacement of lead pipes, instead of having them repaired, urges Chris Cowen, client relationship manager at Auger, arguing this will cut claims in the long term.
This Week in Post: Is there a driver on board this truck?
Living in South London, I’m in an on-off relationship with my broadband connection. My unreliable web access is irritating – although it is probably not as bad as in certain rural areas.
Allianz employees given suspended sentences for leaking customer data to CMCs
Five people, including three Allianz employees who made £7000 from leaking more than 700 pieces of confidential data, have been sentenced for bribery offences.
Insurers welcome government's self-driving lorry trials
The government has greenlighted a project which will see self-driving lorry “platooning” trials on UK roads by the end of next year.
Axis increases Novae takeover offer to 715p per share
Axis has improved its cash offer to acquire Novae to 715 pence per share valuing the Lloyd’s listed insurer at approximately £477.6m.
Aviva sells stake in Italian insurance business
Aviva has sold its stake in its Italian joint venture Avipop Assicurazioni SpA.